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A foreigner looking to invest into SGX

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menglow
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Joined: Mon, 10 Jan 2005 3:26 pm
Location: Malaysia
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A foreigner looking to invest into SGX

Post by menglow » Mon, 10 Jan 2005 3:48 pm

hello, i'm Malaysian, can anyone tell me how am i going to invest in SGX?

What are the requirements? For you information, i'm in M'sia.

I'm interested in SGX because it's more volatile and option trading is available .....not like KLSE, lot of limitations

Please help me, thanks.
I'm Newbie into stock market.....

zack
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Joined: Wed, 05 Jan 2005 11:20 am
Location: Singapore

SGX

Post by zack » Tue, 11 Jan 2005 11:35 am

Not sure at all whether SGX is really that easy to trade and make profits. Anyway I suppose you need to sign up with a Singapore broking house and preferably trade online using something similar to POEMs and make sure you have Sing $$ account to mimimise forex risks etc

KLS
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Posts: 25
Joined: Sat, 23 Oct 2004 11:54 am

Post by KLS » Tue, 11 Jan 2005 1:36 pm

SGX is pretty tame compared with TSE Taiwan,

I have successfully day traded the last 4 years on TSE, tech stocks, but there is a technique, and you must know your products rather than Companies, especially new technology stocks. you are likely to get burnt.

But now is a good time to study the market, all stocks are very low, and will drop lower in the coming months, seasonal swing.

Must be one of the most Volatile markets, government puts a 7% daily limit on, to protect investors.

sunday3398

Post by sunday3398 » Tue, 11 Jan 2005 11:11 pm

KLS,

Care to share your experience in TSE Taiwan. How to go about trading in TSE? Trade on-line? Any web-site to see their share price?

8) THANKS

Guest

Post by Guest » Wed, 12 Jan 2005 2:20 am

sunday3398 wrote:KLS,

Care to share your experience in TSE Taiwan. How to go about trading in TSE? Trade on-line? Any web-site to see their share price?

8) THANKS
Hi Kls here, fortunatly, I am married to a Taiwanese and my family introduced me to an English speaking broker. the best thing i can do is to ask my broker, if he knows how to arrange it.

I became very good at investing in Taiwan, and actually made a living the first 3 years, I eventually decided to speculate quite heavy on LCD TV companies like AUO, and 4 others, lucky, they have all made profit last year. but competition from Korea and Japan is strong.

Prices for LCD TV's have been dropping rapidly, but I also see that to be a positive sign, even though margins are effected. the need to stimulate the demand, will happen, and i expect the Companies to consolidate, in 2005.

The market is very volatile, so it is wise to understand the product cycle, up and down, trends, LCD is down around 30% from it's peak, I also do basic T/A and scan the F/A.

There are some good sources of information on the net, but one always needs, to confirm. www.digitimes.com gives daily updates

Market conditions have been effected by the war, and oil the whole of last year, So many foreign investors pulled out! they are the ones to watch. I'll ask my broker if he minds that i give his number out!

Drop me your emil address!

Guest

Post by Guest » Thu, 13 Jan 2005 1:23 am


sunday3398

Post by sunday3398 » Thu, 13 Jan 2005 12:21 pm

Hi KLS,

Thanks for your reply!

:P I can be reach at [email protected]

Bye.. :o

Guest

Post by Guest » Sat, 15 Jan 2005 2:07 pm

sunday3398 wrote:Hi KLS,

Thanks for your reply!

:P I can be reach at [email protected]

Bye.. :o
KLS did you get my mail?

another good site for stock info is www.motleyfool.com, some good discussions and very interesting debates on stock, mostly USA and UK, but there are possibilities to discuss Asian stock

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